DelphX Announces Non-Brokered Unit Private Placement
DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) has announced a non-brokered private placement of 4,166,667 units at C$0.12 per unit, aiming to raise C$500,000 in gross proceeds. Each unit consists of one common share and one warrant, with warrants exercisable at C$0.25 for five years. The company will pay cash finder's fees and issue finders' warrants to eligible finders. The offering is subject to TSX Venture Exchange approval, with securities having a four-month plus one day hold period. DelphX insiders may participate, and the company plans to use the net proceeds for general corporate purposes.
DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ha annunciato un collocamento privato non mediato di 4.166.667 unità a C$0,12 per unità, con l'obiettivo di raccogliere C$500.000 in proventi lordi. Ogni unità è composta da un'azione ordinaria e un'opzione, con le opzioni esercitabili a C$0,25 per cinque anni. La società pagherà commissioni in contante ai mediatori e emetterà opzioni per i mediatori idonei. L'offerta è soggetta all'approvazione della TSX Venture Exchange, con valori mobiliari che hanno un periodo di blocco di quattro mesi più un giorno. I membri interni di DelphX possono partecipare, e la società prevede di utilizzare i proventi netti per scopi aziendali generali.
DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ha anunciado una colocación privada no mediada de 4,166,667 unidades a C$0.12 por unidad, con el objetivo de recaudar C$500,000 en ingresos brutos. Cada unidad consiste en una acción común y un warrant, con warrants ejercitables a C$0.25 durante cinco años. La empresa pagará comisiones en efectivo y emitirá warrants para los buscadores elegibles. La oferta está sujeta a la aprobación de la TSX Venture Exchange, con valores que tienen un período de restricción de cuatro meses más un día. Los internos de DelphX pueden participar, y la empresa planea usar los ingresos netos para fines corporativos generales.
델프X 캐피탈 마켓 주식회사 (TSXV: DELX) (OTCQB: DPXCF)는 C$0.12의 가격으로 4,166,667 유닛을 브로커 없이 진행하는 사모배정을 발표했으며, 총 C$500,000의 자금을 조달할 계획입니다. 각 유닛은 하나의 보통주와 하나의 워런트로 구성되며, 워런트는 C$0.25로 5년 동안 행사 가능합니다. 회사는 적격한 중개인에게 현금 수수료와 중개인의 워런트를 지급할 것입니다. 이번 제안은 TSX 벤처 거래소의 승인을 받으며, 증권에는 4개월 plus 1일의 보유 기간이 적용됩니다. 델프X의 내부자는 참여할 수 있으며, 회사는 순자금을 일반 기업 용도로 사용할 계획입니다.
DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) a annoncé une placement privé non intermédié de 4.166.667 unités à 0,12 C$ par unité, visant à lever 500.000 C$ de produits bruts. Chaque unité se compose d'une action ordinaire et d'un bon de souscription, avec des bons exerçables à 0,25 C$ pendant cinq ans. La société paiera des frais de recherche en espèces et émettra des bons de souscription aux chercheurs éligibles. L'offre est soumise à l'approbation de la TSX Venture Exchange, les valeurs ayant une période de blocage de quatre mois plus un jour. Les initiés de DelphX peuvent participer, et la société prévoit d'utiliser les produits nets à des fins corporatives générales.
DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) hat eine nicht vermittelte Privatplatzierung von 4.166.667 Einheiten zu je C$0,12 angekündigt, mit dem Ziel, C$500.000 an Bruttoerlösen zu beschaffen. Jede Einheit besteht aus einer Stammaktie und einem Warrant, der für C$0,25 über fünf Jahre ausgeübt werden kann. Das Unternehmen wird Bargeldprovisionen zahlen und Warrants an berechtigte Finder ausgeben. Das Angebot unterliegt der Genehmigung durch die TSX Venture Exchange, wobei die Wertpapiere eine viermonatige plus einen Tag Sperrfrist haben. Insider von DelphX können teilnehmen, und das Unternehmen plant, die Nettomittel für allgemeine Unternehmenszwecke zu verwenden.
- Fully subscribed private placement raising C$500,000 in additional capital
- Warrants provide potential for future capital at C$0.25 per share
- Five-year warrant term offers long-term flexibility for investors
- Potential dilution of existing shareholders' equity
- Offering price of C$0.12 per unit may indicate current market valuation challenges
- Reliance on private placement suggests possible difficulties in accessing traditional financing
Toronto, Ontario--(Newsfile Corp. - August 19, 2024) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX"), a leader in the development of new classes of structured products for the fixed income market, announces that it intends to proceed with a fully subscribed non-brokered private placement ("the Offering") of 4,166,667 units (the "Units") at a subscription price of C
In connection with the Offering, DelphX will pay cash finder's fees and issue finders' warrants (the "Finders' Warrants") to eligible finders. The Finders' Warrants will be exercisable at
Completion of the Offering is subject to the approval of the TSX Venture Exchange. The securities issued pursuant to the Offering will be subject to a hold period of four months plus one day from the date of issuance. DelphX insiders may participate in the Offering, subject to compliance with DelphX's insider trading policy.
DelphX intends to use the net proceeds from the Offering in connection with general corporate purposes.
About DelphX Capital Markets Inc.
DelphX is a technology and financial services company focused on developing and distributing the next generation of structured products. Through its special purpose vehicle Quantem LLC, the Company enables fixed income dealers to offer new private placement securities that provide mitigation of spread and capital charge losses when downgrades occur, while allowing for attractive returns. The new DelphX securities will enable dealers and their qualified institutional investors (QIBs) accounts to competitively structure, sell and make markets in:
- Collateralized put options (CPOs) that provide secured rating downgrade protection for underlying corporate bonds;
- Collateralized reference notes (CRNs) that enable investors to take on a capped rating downgrade exposure of an underlying security in exchange for attractive returns.
All CPOs and CRNs are fully collateralized and held in custody by BNY Mellon. CPOs and CRNs are proprietary products created and owned by DelphX Capital Markets.
For more information about DelphX, please visit www.delphx.com
George Wentworth, General Manager
DelphX Capital Markets Inc.
george.wentworth@delphx.com
(718) 509-2160
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220492
FAQ
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